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Balmoral Resources Ltd. (TSX:BAR) is pleased to announce that it has entered into an agreement with PI Financial Corp. as lead agent on behalf of a syndicate of agents, pursuant to which the Agents have agreed to offer 4,225,000 national flow-through common shares of the Company at a price of C$0.71 per National FT Share for aggregate gross proceeds of C$2,999,750 read more at Balmoral
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Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan.
SmallCapPower | August 4, 2017: Only 11 junior mining companies trading on Canadian stock exchanges have generated positive operating cash flow over the past 12 months. Investing in these cash-flow generating assets is much safer than speculating on junior gold companies that have not yet moved into production. When analyzing these cash-flow positive companies, it is important not to pay too much for an ownership stake. Today we have identified four Canadian junior mining stocks trading below the industry median 8x price/LTM operating cash-flow multiple. read more at Small Cap Power
TORONTO, ON–(Marketwired – August 03, 2017) – Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of additional analytical results from the on-going 2017 Dublin Gulch (the “Property”) exploration campaign.
TerraX Minerals Inc. (TXR:TSX.V) released assay results from the Yellowknife City Gold project in Canada’s Northwest Territories on July 18. Surface sampling from the Angel and Duck Lake zones revealed some high-grade results, including 67.5 g/t gold and 4,910 g/t silver at Angel and 20.3 g/t gold at Duck Lake.
Today’s announcement that Victoria Gold has Executed a Commitment Letter for US$220 Million Project Finance Facility for the Construction of the Eagle Gold Mine put’s John McConnell within 40 million dollars of the total construction funds required for the Eagle project.
by David Erfle Friday July 28, 2017
TORONTO, ON–(Marketwired – July 31, 2017) – Victoria Gold Corp. (TSX VENTURE: VIT) “Victoria” or the “Company” is pleased to announce that the Company and BNP Paribas (“BNPP”) have executed a commitment letter (the “Commitment Letter”) for the debt financing transaction previously outlined in the Company’s press release dated January 24, 2017.
TORONTO, ONTARIO–(Marketwired – July 31, 2017) – Dundee Precious Metals Inc. (TSX:DPM) (“DPM” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with MineRP Holdings Proprietary Limited (“MineRP”), a provider of integrated mining technical solutions, whereby DPM will combine its proprietary wireless underground communications technology, managed within DPM’s Terrative Digital Solutions division (“Terrative”), with MineRP, and acquire a majority interest in MineRP. The combination will create a leading technology provider well positioned to further capture the rapidly growing demand in the mining industry for digital innovation.